InvestorsHub Logo
Followers 400
Posts 48613
Boards Moderated 0
Alias Born 06/20/2011

Re: Bionic Man post# 142847

Saturday, 12/30/2017 10:58:29 AM

Saturday, December 30, 2017 10:58:29 AM

Post# of 183214
ARNA is an Exchange Traded pharmaceutical stock that went straight to Nasdaq from an S-1. Real stocks...as in Exchange traded stocks can do RS’s for reasons other than creating liquidity which is the primary reason OTC issues do them. ARNA also has NO convertible debt and over $250 million in cash.

Apples and Oranges.

It is exceedingly rare for an OTC issue to do an RS that ends up being good for existing shareholders in any way.